Regarding IRS form 1065, Schedule K-1, Part II, Line J under capital %, if P/L is 50/50, then any rental income (or loss) in a tax year is equally divided.

I am paying off as scheduled while saving aggressively for a 20% DP for a new property while cash-flowing what we haven't saved for college already.  

Since I work nights (10:30pm-7:00am) my daytime schedule is funky but I can adjust my sleep schedule as needed if you wanted to get lunch rather than breakfast/coffee or dinner.

All other things being equal, since you stated multiple offers so I expect that there will be many cash offers too, the buyer represented by an agent that is from the same brokerage as the listing agent will have the advantage.

That's a cost, too. The

Inspection is scheduled.

I also found out, two days ago, that the property is being scheduled for auction on the last day of this month, and now the very incompetent listing agent is scrambling to get things done.

Basically, swooping in and scoring a deal while it is scheduled for auction, but before the auction occurs.  

The easiest way for you to know that is to click on the amortization schedule and find the balance for the 60th payment.

Sellers 2015, 2016 expenses were too high based on the schedule E as there was lot of repair work done.